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Oil Steadies After First Drop This Week

Dubai: Oil was steady after its first decline this week on optimism that talks between the US and Iran will see energy flows resume through the Strait of Hormuz. West Texas Intermediate traded below US$93 a barrel, after sliding more than 3% on Thursd…

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Asian Shares Decline as MSCI Index Falls 1.3%

Colombo: Asian equities fell on Friday, alongside declines in US stock index futures. The regional MSCI Asia equity index dropped 1.3 percent, led by losses in the Republic of Korea’s market, which had been the world’s best-performing market this year…

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